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Other Comprehensive Income
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Other Comprehensive Income
Other Comprehensive Income

Comprehensive income includes net income, as well as items charged and credited directly to stockholders' equity, which are excluded from net income. The Company has presented comprehensive income in the condensed consolidated statements of comprehensive income (loss). Reclassification adjustments of derivative instruments are presented in Net Sales in the condensed consolidated statements of income. See Note 11. Derivatives for additional information. Amortization of accumulated pension and other post-employment benefit, or OPEB, liabilities are included in the computation of net periodic pension and OPEB costs, which are more fully discussed in Note 13. Postretirement and Other Benefits.

Components of accumulated other comprehensive loss were as follows ($ in millions):
 
March 31, 2016
 
December 31, 2015
Accumulated pension and OPEB liability adjustments, net of income tax of $22.1 million and $21.9 million at March 31, 2016 and December 31, 2015, respectively
$
(36.1
)
 
$
(35.6
)
Accumulated unrealized loss on derivative instruments, net of income tax of $4.2 million and $0.3 million at March 31, 2016 and December 31, 2015, respectively
(9.7
)
 
(21.6
)
Accumulated unrealized foreign currency translation adjustments
(70.2
)
 
(84.2
)
Accumulated other comprehensive loss
$
(116.0
)
 
$
(141.4
)


Changes in the components of accumulated other comprehensive loss were as follows ($ in millions):
 
Three Months Ended
 
March 31, 2016
 
March 31, 2015
 
Pre-tax
 
Tax
 
Net of
Tax
 
Pre-tax
 
Tax
 
Net of
Tax
Pension and OPEB liability adjustments
$
(0.7
)
 
$
0.2

 
$
(0.5
)
 
$
(0.9
)
 
$
0.3

 
$
(0.6
)
Unrealized (loss) gain on derivative instruments
8.0

 
3.9

 
11.9

 
(10.5
)
 
0.4

 
(10.1
)
Unrealized foreign currency translation adjustments
14.0

 

 
14.0

 
(48.7
)
 

 
(48.7
)
Total
$
21.3

 
$
4.1

 
$
25.4

 
$
(60.1
)
 
$
0.7

 
$
(59.4
)